Markets Down
- All
- News
- Videos
- Web Stories
-
Cardi B-Endorsed Memecoin Under UAE Investigation as Regulators Clamp Down on Crypto
In a new development, the UAE has opened an investigation into a crypto token named WAP that is endorsed by rapper Cardi B, who has one of her most popular songs also named after the same abbreviation. Regulators are examining whether the token violates securities laws.
-
Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
-
OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
-
Zomato Shuts Down Intercity Food Delivery Service 'Zomato Legends'
With 'Zomato Legends' users could place home delivery orders from restaurants outside their city.
-
El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
-
Google Antitrust Ruling Could Put $20 Billion at Risk for Apple: Report
A US judge has recently ruled that Alphabet-owned Google was operating an illegal monopoly in the web search sector. Google pays Apple $20 billion (roughly Rs. 1,67,890 crore) annually, or about 36 percent of what it earns from search advertising made through the Safari browser. If the deal is undone, Apple could take a 4-6 percent hit to its prof...
-
Google Has an Illegal Monopoly on Search, US Judge Finds
Google has violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, a US District Judge said in a ruling. Alphabet has said it plans to appeal the ruling.
-
Explained: What Led To Global Equities Bloodbath?
A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.
-
Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down
From flights to supermarkets to banking operations, the global Microsoft outage is disrupting multiple sectors and threatens to lead to massive issues if it is not resolved soon.
-
Bitcoin Logs Drastic Drop to $54,300 After $679 Million in Crypto Liquidations, Most Altcoins See Dips
The overall crypto market cap tumbled by 8.32 percent in the last 24 hours. As per CoinGlass, a total of 234,518 traders liquidated $679.38 million (roughly Rs. 5,672 crore) in the last 24 hours – pushing crypto prices down the cliff. BTC and ETH, both recorded substantially large losses in the last 24 hours.
-
Sensex Down By Over 4,000 Points As Votes Are Counted For Lok Sabha Polls
Indian stock markets crashed by over 4,000 points today, after a sharp rally in the previous session, as early election results showed Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance leading in more than 272 seats.
-
Opinion | Results 2024: Market Nervousness, Or Much Ado About Nothing?
At 10:15 am on May 29, the BSE 30 Sensex was 400 points down to 74,770 levels. Markets have been behaving like a see-saw for the past month in India, with multiple bouts of volatility.
-
'Khan Market Gang' Trying To Free The Corrupt From Law's Grip: PM Modi
Prime Minister Narendra Modi on Monday came down heavily on those objecting to crack down on big fish of corruption rackets and called out the 'Khan Market gang' for scripting a fake narrative to save them from the grip of law.
-
"Hardcore" About Cost Cut, Elon Musk's Tesla To Cut Hundreds More Jobs: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
-
Kotak Mahindra Bank Down By 12% As Markets Decline In Early Trade
Equity benchmark indices declined in early trade on Thursday, giving up their gains of last four days, amid heavy selling in Kotak Mahindra Bank and foreign fund outflows.
-
Cardi B-Endorsed Memecoin Under UAE Investigation as Regulators Clamp Down on Crypto
In a new development, the UAE has opened an investigation into a crypto token named WAP that is endorsed by rapper Cardi B, who has one of her most popular songs also named after the same abbreviation. Regulators are examining whether the token violates securities laws.
-
Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
-
OMCs Making Huge Profit On Petrol, Diesel As Crude Prices Fall: ICRA
As the crude prices have come down, oil marketing companies are making profits of Rs 15/litre and Rs 12/litre on petrol and diesel, respectively.
-
Zomato Shuts Down Intercity Food Delivery Service 'Zomato Legends'
With 'Zomato Legends' users could place home delivery orders from restaurants outside their city.
-
El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
-
Google Antitrust Ruling Could Put $20 Billion at Risk for Apple: Report
A US judge has recently ruled that Alphabet-owned Google was operating an illegal monopoly in the web search sector. Google pays Apple $20 billion (roughly Rs. 1,67,890 crore) annually, or about 36 percent of what it earns from search advertising made through the Safari browser. If the deal is undone, Apple could take a 4-6 percent hit to its prof...
-
Google Has an Illegal Monopoly on Search, US Judge Finds
Google has violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, a US District Judge said in a ruling. Alphabet has said it plans to appeal the ruling.
-
Explained: What Led To Global Equities Bloodbath?
A global sell-off has led to a major bloodbath in the equity markets as corporate giants stared down at massive losses. The US markets fell over 2.43% on Friday while the Asian peers added to their losses as they opened after the weekend.
-
Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down
From flights to supermarkets to banking operations, the global Microsoft outage is disrupting multiple sectors and threatens to lead to massive issues if it is not resolved soon.
-
Bitcoin Logs Drastic Drop to $54,300 After $679 Million in Crypto Liquidations, Most Altcoins See Dips
The overall crypto market cap tumbled by 8.32 percent in the last 24 hours. As per CoinGlass, a total of 234,518 traders liquidated $679.38 million (roughly Rs. 5,672 crore) in the last 24 hours – pushing crypto prices down the cliff. BTC and ETH, both recorded substantially large losses in the last 24 hours.
-
Sensex Down By Over 4,000 Points As Votes Are Counted For Lok Sabha Polls
Indian stock markets crashed by over 4,000 points today, after a sharp rally in the previous session, as early election results showed Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance leading in more than 272 seats.
-
Opinion | Results 2024: Market Nervousness, Or Much Ado About Nothing?
At 10:15 am on May 29, the BSE 30 Sensex was 400 points down to 74,770 levels. Markets have been behaving like a see-saw for the past month in India, with multiple bouts of volatility.
-
'Khan Market Gang' Trying To Free The Corrupt From Law's Grip: PM Modi
Prime Minister Narendra Modi on Monday came down heavily on those objecting to crack down on big fish of corruption rackets and called out the 'Khan Market gang' for scripting a fake narrative to save them from the grip of law.
-
"Hardcore" About Cost Cut, Elon Musk's Tesla To Cut Hundreds More Jobs: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
-
Kotak Mahindra Bank Down By 12% As Markets Decline In Early Trade
Equity benchmark indices declined in early trade on Thursday, giving up their gains of last four days, amid heavy selling in Kotak Mahindra Bank and foreign fund outflows.
